One of Australia's longest-standing property companies, Richard Noble & Company, has purchased a 50 per cent stake in Perth-based property funds manager Quadrant Investments.
El Caballo Resort and Lifestyle Village will be repurposed to become a social housing facility for indigenous Australians under a new joint venture established by the South West Aboriginal Land and Sea Council.
Developers have a new avenue to sell vacant land in Western Australia, via a recent entrant into the increasingly crowded and competitive online property market.
ESTABLISHED in 1913, Richard Noble & Company is considered largely responsible for the development of some of Perth's oldest suburbs, including Bayswater, Maylands and Mount Lawley.